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Showing 121 - 130 of 1112 results for "Parent"

Super on parental leave bill hits parliament

JAMIE WILLIAMSON  |  THURSDAY, 22 AUG 2024
The legislation that will ensure superannuation is paid on Commonwealth Paid Parental Leave was tabled today, with the super industry calling for its swift passage. The Paid Parental Leave Amendment (Adding Superannuation for a More Secure Retirement) ...

Global X names head of portfolio management

ELIZA BAVIN  |  THURSDAY, 15 AUG 2024
... after more than a decade with Global X and its predecessor business ETF Securities. Mirae Asset Global Investments - the parent company of Global X - chief global officer Young Kim welcomed Wolak to the firm. "Chris' deep understanding of funds management ...

Future Group joins campaign to ban gambling ads

MICHELLE BALTAZAR  |  WEDNESDAY, 14 AUG 2024
... Seven West and Nine Entertainment from running gambling ads. Ethinvest, a financial planning group, and Future Group, the parent company of super funds including Guild Super and Verve, are supporting the campaign, which is spearheaded by fintech trading ...

ASFA pushes for tax redistribution to benefit low-income workers

ANDREW MCKEAN  |  FRIDAY, 9 AUG 2024
The Association of Superannuation Funds of Australia (ASFA) is proposing to increase support for low-income earners by redistributing the revenue generated from the government's planned additional taxation on superannuation balances above $3 million ...

New shadow assistant treasurer's vision for advice, super

ANDREW MCKEAN  |  WEDNESDAY, 31 JUL 2024
Shadow Assistant Treasurer Luke Howarth has reaffirmed the opposition unreservedly supports Michelle Levy's Quality of Advice Review (QAR) recommendations and wouldn't go back to the drawing board, at an event hosted by the Financial Services ...

Advisers encouraged to engage with clients' kids

ELIZA BAVIN  |  MONDAY, 29 JUL 2024
New research from AMP has revealed Australians' attitudes to intergenerational wealth. The research found half of those under 40 believe they will need to support their parents financially as they age, with children and their parents reluctant to ...

Generation Development Group corrals complete ownership of Lonsec

ANDREW MCKEAN  |  TUESDAY, 23 JUL 2024
Generation Development Group, the parent company of Generation Life, which recently acquired the remaining stake in Lonsec, has reported a $673 million increase in funds under management (FUM) over the last financial year. Generation Life received over ...

AFCA caps Dixon claimants at 2773

KARREN VERGARA  |  FRIDAY, 12 JUL 2024
... impact of this matter on our profession and the costs we may need to pay for it, via the CSLR," Abood said. Dixon's parent company E&P Financial Group settled the recent Shine Lawyers-led class action for $16 million. Senator Andrew Bragg has been ...

Australia climbs global wealth ranks

ELIZA BAVIN  |  THURSDAY, 11 JUL 2024
... Millennial/Gen X divide - earned more than their parents did at a similar age. "In Australia, a 10 percentile rise in a parent's rank in the income distribution is linked to a relatively small 1.8 percentile rise in the child's rank," PC commissioner ...

MetLife refreshes two products

KARREN VERGARA  |  WEDNESDAY, 10 JUL 2024
MetLife introduced several changes to two products that are available through financial advisers. The changes that took effect on June 30 impact policyholders in MetLife Protect and MetLife Protect Super. MetLife Protect insures against death, trauma ...